To the Editor of the "Nonmu-Cinina Darty News"
Sm—As a substantial creditor, of the American Oriental Finance Corporation it was with interest that T Feud "Ano Orumns" letter regarding the American Oriental Bank Liquida-ton.
While much of what he says obviously true, I can not help think ing he is a little hard on the Liquidator who is faced with a pretty: problem in deciding to what extent the pall of secrecy can reasonably be allowed to cloak the political aspects of the failure of the "Raven Group" and his own dimiculty in deciding to which particular member of the! group such small sums as hays apparently been collected can be al-
Tt ig obvious that in a group where each member has borrowed from the other the decision as to how the various creditors shall rank presents an opportunity for the exercise a nice sense of discrimination.
The question so far as I am concerned is to what extent, if any, docs the Mquidator propose to sacrifice the interests of the creditors of the A.O.F.C. to those of the A. O. Bank.
sympathy with the position in w!
ile one may have, every the fIguidator finds himself, surely he must admit the time has come when should come out into the open and show his hand.
Tt must at least be possible to show on the one hand what claims to date have been registered against each of! the member companies and on the Jother hand what assets have actually been realised. That would anyhow Jgive those who are anxiously waiting for news some idea of the position, Far be it from me to wish in any wey to embarrass the liquidator in his ask, but I trust sincerely he will see /nis way to meet the general desire for Information promptly.
"Auso Axo Oxumns." /Shanghai, Nov. 13.
Text read from the printed page and cleaned; old type leaves the occasional error.